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The Mexican Competition Authority updates its merger guidelines which clarify notification requirements for joint ventures and the failing firm defense

Newly revised merger control guidelines ("Guidelines") from the Comisión Federal de Competencia ("COFECE"), Mexico's competition law authority, clarify when parties to joint ventures or collaborations ("JVs") must report those transactions to COFECE. The Guidelines provide much needed guidance about JV notification obligations and narrow the types of JVs that parties must report. The Guidelines also incorporate a "failing firm" defense and a number of technical changes to

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Jesús Gabriel Altamirano, Serge Clerckx, Michael A. Gleason, Javier Martinez Del Campo, Bertha Alicia Ordaz-Avilés, Manuel Romano, The Mexican Competition Authority updates its merger guidelines which clarify notification requirements for joint ventures and the failing firm defense, 8 April 2021, e-Competitions Preview, Art. N° 100427

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